NEAR Staking Ratio Holds at 46% After Token Issuance Was Halved
JH Kim
Summary
- NEAR Protocol said its token issuance was cut in half, but the staking ratio has remained around 46%.
- About 596 million NEAR tokens are currently staked, with a market value of about $3 billion.
- The average yield from staking was 4.87%, while the share of staking in total tokens remained at 46%.
Forecast Trend Report by Period
NEAR Protocol's staking ratio has remained at 46% even after its token issuance was cut in half.
Bitwise, a cryptocurrency asset manager, said on October 21 that NEAR's staking ratio stood at 46% three quarters after the token issuance reduction.
About 596 million NEAR tokens are currently staked, with a market value of about $3 billion.
The average staking yield was 4.87%. Staked tokens continue to account for 46% of total tokens even after the issuance cut.
JH Kim
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